A recent report published by Infinium Global Research on
ophthalmic surgical technologies market provides in-depth analysis of segments and sub-segments in global as well as
regional ophthalmic surgical technologies market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
ophthalmic surgical technologies market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global ophthalmic surgical technologies market. According to the report the global ophthalmic surgical
technologies market is projected to grow at a CAGR of 5.6% over the forecast
period of 2018-2024.

Market Insight

The ophthalmic surgery is a
surgical procedure performed on the eye or its adnexa by an ophthalmologist.
Most of the common eye diseases are Cataract, Glaucoma, Macular degeneration,
Strabismus, Uveitis, and Eye tumors. There are various technologies such as
Femtosecond Systems, Excimer Laser Systems, Phacoemulsification Systems, and
YAG Laser Systems are used for the Ophthalmic Surgery. Femtosecond laser
technology is widely used for LASIK (laser in situ keratomileusis ) procedures to correct myopia (nearsightedness).
Furthermore, this technology is also used in the treatment of cataracts.

Rising prevalence of eye disorder
has a positive impact on the growth of Ophthalmic Surgical Technologies Market.
Moreover, the growing geriatric population across the globe is also driving the
growth of Market. A superior result of femtosecond laser-assisted cataract
surgery has increased rapidly. Cataract surgery is the most commonly performed
surgical procedure in the world, with an estimated 19 million operations
performed annually. The World Health Organization estimated that this number
will increase to 32 million by the year 2020 as the over 65 population doubles
worldwide between 2000 and 2020. Moreover, rising
awareness related to minimally invasive surgical procedures and rising
government funding for the healthcare infrastructure are some of the supporting
factors propelling the Ophthalmic Surgical Technologies market. However, high
cost associated with ophthalmic surgery instrument and lack of skilled
professionals is expected to hamper the growth of the Ophthalmic Surgical
Technologies Market. Going forward, Exploring new technologies and inventions
in ophthalmic surgery technologies will augmenting the growth opportunities for
the market key players.

On the basis of geographies,
North America is anticipated to be the leading region in the ophthalmic
surgical technologies market over the forecast period. Presence of numerous
leading players in this region and the rising prevalence of eye diseases,
across countries such as U.S. and Canada is likely to augment the market growth
in this region. The Asia Pacific and Europe are expected to witness the
significant growth in the ophthalmic surgical technologies market during the
upcoming years. The factors such as a rise in research and development
spending’s and ongoing development in the healthcare sector are escalating the
market growth in this region.

The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain, and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC region
is projected to experience a growth at a CAGR of x.x% over the period of
2018-2024.

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are
driving and restraining the global ophthalmic surgical technologies market.
Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter's five forces analysis and DRO analysis of
ophthalmic surgical technologies market. Moreover, the study highlights current
market trends and provides forecast from 2018-2024. We also have highlighted
future trends in the ophthalmic surgical technologies market that will impact
the demand during the forecast period. Moreover, the competitive analysis given
in each regional market brings an insight into
the market share of the leading players. This report will help manufacturers,
suppliers, and distributors of the
ophthalmic surgical technologies market to understand the present and future
trends in this market and formulate their strategies accordingly.

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